The global chlorinated isocyanurates market is anticipated to reach a value of USD 7.5 billion in 2032, scaling up from USD 4.5 billion in 2022. Valued at USD 4.2 billion in 2021, the market is slated to grow at a moderate CAGR of 5.3% from 2022 to 2032. An upsurge in renovation projects and …
Monthly Archives: May 2024
Wind Turbine Blade Repair Material: A USD 1.9 Billion Opportunity in the Booming Renewable Energy Market
The wind turbine blade repair material market is valued at USD 626.6 million in 2024 and is anticipated to surpass a valuation of USD 1,943.10 million by 2034. The wind turbine blade repair material market size is projected to expand at a CAGR of 12.00% from 2024 to 2034. The pressing need to slow down …
Construction Boom Drives Concrete Fiber: Eco-Friendly Alternative Fuels Market Growth at a CAGR of 9.7%
The concrete fiber market is expected to be valued at USD 2,177 million in 2024. The market’s progress is projected to stimulate significantly from 2024 to 2034, with a CAGR of 9.7%. By 2034, the market value is forecasted to hit USD 5,518 million. The top driving force of the industry is the growth of …
Purified Terephthalic Acid (PTA) Market to Boom: Reaching USD 18.3 Billion by 2034 Fueled by Polyester Demand
The purified terephthalic acid (PTA) market is valued at USD 11,058.60 million in 2024 and is anticipated to surpass a valuation of USD 18,359.40 million by 2034. The purified terephthalic acid market size is projected to expand at a CAGR of 5.20% from 2024 to 2034. Polyester is a versatile synthetic material whose demand …
New Opportunities Emerge in Microwave Absorbing Materials: Capitalize on Eco-friendly and Customized Solutions
The global microwave absorbing material market will reach a valuation of USD 382.7 million in 2024, attributed to factors such as increasing adoption in industrial applications. The trend is set to create new opportunities for the market, leading to a projected CAGR of 6.3% between 2024 and 2034, and reaching a total valuation of approximately …
Proline Market Growth: Expected to Hit USD 559.30 Million by 2032
The global proline market size is expected to reach USD 559.30 million in 2032. The market for proline is growing rapidly. According to FMI Analysts, the global proline market is valued at USD 462.50 million in 2022 and is projected to grow at a CAGR of 6.54% in the forecast period 2022 to 2032. Proline is a type of amino acid, widely found in every kind of …
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Electrical Digital Twin Market Analysis: Industry worth USD 3,342.7 Million by 2033
The increased acceptance of innovative technologies such as IoT and cloud for digital twin applications and attractive digital twin prospects in industries such as aerospace and defense, healthcare, and automotive and transportation are driving demand for electrical digital twin. As per a new market research report published by Future Market Insights, the global electrical digital twin …
Medium Voltage Cables and Accessories Industry Forecasts USD 93 Billion Market by 2034, with a CAGR of 6.1%
The medium voltage cable and accessories industry is estimated to be around US$ 51.3 billion in 2024. The medium voltage cable and accessories sales are expected to rise at a CAGR of 6.1% through 2034. The market is projected to surpass the valuation of US$ 93 billion by 2034. The medium voltage cable and accessories industry is …
Fire Resistant Hydraulic Industry Anticipates Sluggish Growth, Reaching USD 2.2 Billion by 2034, with a CAGR of 3.9%
The fire resistant hydraulic fluid industry is anticipated to be valued at US$ 1.5 billion by 2024. The market valuation is estimated to be US$ 2.2 billion by 2034, projected at a CAGR of 3.9%. The market is witnessing significant growth driven by increasing awareness of workplace safety standards and regulations. These fluids are crucial in preventing …
Industrial Cleaning Solvent Industry Anticipates 4.8% CAGR Growth to USD 2.0 Billion by 2034
The global industrial cleaning solvent industry size is poised for significant growth, achieving US$ 1.3 billion in 2024. The industrial cleaning solvent sales is expected to witness a CAGR of 4.8% from 2024 to 2034. By 2034, the demand for industrial cleaning solvent is anticipated to reach a valuation of US$ 2.0 billion. The demand for industrial …